Emissions Markets

Evolution Markets is truly the only specialist brokerage firm for U.S. environmental trading markets. The company was founded by two of the emissions markets' brokerage pioneers and was built on serving the needs of traders across the nation.

Our distinct and long-term focus on emissions markets has contributed to Evolution Markets being consistently recognized as the top broker in U.S. environmental markets.

US emissions markets are diverse and span from nationwide trading of SO2 allowances, to multi-state regional NOx allowance trading, to smaller regional allowance and emissions credit trading in high-pollution areas such as Southern California and Houston.

Evolution Markets emissions markets professionals bring the industry's deepest knowledge base and widest capabilities, including the ability to structure complex transactions, inter-commodity trades, and innovative hedging strategies.

In addition, Evolution Markets emissions brokerage team is able to leverage the market expertise of our other environmental and energy desks to assist in execution of complete cross-commodity risk management strategies.

> Learn more about our brokerage services for Natural Gas Markets.

> Learn more about our brokerage services for Coal Markets.

> Learn more about our brokerage services for Renewable Energy Markets.

> Learn more about our brokerage services for Global Carbon Markets.

> Learn more about our brokerage services for Weather Markets.

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DAILY PRICING

SPEC TERM BID PRICE OFFER PRICE
SO2 2009 $71.000 $75.000
Annual NOx 2011 $350.000 $425.000
Seasonal NOx 2009 $225.000 $250.000
Evolution Markets Inc. and its suppliers believe the information or data contained herein was obtained from reliable sources. Nevertheless, Evolution Markets Inc. does not guarantee the accuracy and/or the completeness of the information or data included herein, to you or to any other person or entity, and Evolution Markets Inc. shall have no liability for any errors or omissions with respect to such information or data. Evolution Markets Inc. makes no express or implied warranties to you, or to any other person or entity, and expressly disclaims all warranties or merchantability or fitness for a particular purpose or use, with respect to the information or data included herein. Without limiting any of the foregoing, in no event shall Evolution Markets Inc. have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. Prices and or bids/offers reflect (i) data from completed transactions, (ii) data from pending transactions, (iii) firm bids to buy and/or firm offers to sell, (iv) prices purchasers have expressed a willingness to pay, but for which we have not received, or are not aware of, a firm bid to buy or prices sellers have expressed a willingness to accept, but for which we have not received, or are not aware of, a firm offer to sell and/or (v) our judgment of the price(s) at which transactions could be concluded based on any combination of the above information. © Copyright 1999-2009, Evolution Markets Inc.